Everything you need to know about buying Ripple
Related coin:
Ripple is on a roll! So much so that it is expected to take bitcoin’s place as the world’s largest cryptocurrency by market share in the near future! Its growth has been so phenomenal that its founder is now among the world’s richest people. In fact, for a few hours, he was the richest man on earth.But Ripple’s growth is not just euphoric like most cryptos out there. It’s actually one of the few cryptocurrencies that offers some actual market value.The currency is designed as an improvement to the existing financial system, with several big banks already adopting it into their systems. Great prospects for Ripple right there, right? So how does one buy Ripple, if they want to hold it in their investment portfolio? Well, it’s quite easy as you will find out below!
How to buy ripple cryptocurrency
Contact Ripple directly through their website
If you are an institutional investor such as a bank and would like to buy ripple, the platform has an option where you can contact them directly and purchase some ripple coins. This is in line with the idea that ripple is designed to be more of a bankers coin, than a speculative investment vehicle. As such, by contacting the company directly, you will not only get to purchase ripple, but you will also be advised on how to make use of it, in improving the operational efficiency of your financial services operations.
How to buy ripple xrp as an individual investor
It is not just institutional investors that can invest in Ripple. Small-scale investors too can have a piece of the cake. If you are an individual that’s interested in ripple, the best way to do it is through an exchange. There are several exchanges that support Ripple and these are as below:
Bitstamp
Bitstamp is one of the largest and better-known cryptocurrencies exchanges that support Ripple. To buy ripple on this platform, all you have to do is create an account, verify it for security reasons and you will be good to go.
Kraken
Kraken also supports the buying and selling of ripple. All you have to do is create an account, verify it, and place your order to buy ripple xrp. It’s as simple as that.
Gatehub
If you have an account with Gatehub, then you can also purchase ripple through this platform. Like the other platforms mentioned above, you just need to have a registered account, and you can comfortably buy ripple from this exchange.
Other exchanges from which you can buy Ripple are:
- Binance
- Coinone
- Bitso
- Coincheck
- Korbit
- Qryptos
- Bitbank
- Bitsane
- BTC Markets
- LitBit
- Bitcoin Co. Ltd
- Bitcoin.co.id
In coming months, you will also be in a position to buy Ripple on the following exchanges
- SBI virtual currencies
- Satoshi Citadel Industries
How to buy Ripple with a credit card
For most people, the credit card is the most convenient medium for making online purchases. If you fall into this category of investors, then there is some good news for you. You can buy ripple using a credit card. To do this, you need to create an account with Changelly. This exchange is blazing the way by allowing for purchases of ripple and other cryptocurrencies using credit and debit cards.
How to buy ripple with Coinbase
There was some excitement in the first week of January following reports that Ripple will be listed on Coinbase. Unfortunately, Coinbase dismissed these reportsL. The exchange has maintained that it will not be listing new coins, until further notice.